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Litigation Firm Goes After NQ Mobile, Says the Company Is a “Massive Fraud”

30
Oct
2013

National shareholder litigation firm Ryan & Maniskas has announced the launch of an investigation into mobile security solutions provider NQ Mobile.

Ryan & Maniskas investigation is based on a recent report from Muddy Waters Research, which claims that the company has been misleading investors and misrepresenting the efficiency of its products.

According to the study, NQ Mobiles market share in China is 1.5%, not 55% as the company claims. Muddy Wa…

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